28Jun15

China-Brazil investment cooperation on fast track: Vice Premier

Investment cooperation between China and Brazil is on a fast track, visiting
Chinese Vice Premier Wang Yang said Saturday in Sao Paulo, Brazil.

Wang, who is here on an official visit, was speaking at a symposium attended
by Chinese companies operating in the South American country.

Closer ties between China and Brazil have spurred greater investment by
Chinese firms in a wider range of fields, he said.

The two economies are highly complementary, with extensive potential for
cooperation in expanding production capacity, infrastructure, agriculture,
energy and other sectors, said the vice premier.

He urged government departments concerned to continue to support the
development of Chinese companies in Brazil by implementing financing
policies designed to support them and improving service, said Wang.

Chinese companies, meanwhile, "should forge ahead with long- term plans"
while striving for excellence and social responsibility to achieve a win-win
situation, he added.

At the event, representatives of the Chinese firms made presentations of their
products or services, and future plans, saying they will take advantage of the
opportunities offered by the development of China-Brazil ties and help
contribute to improving bilateral cooperation.

Also on Saturday, Wang visited Brazil's port of Santos project, which is being
developed with investment from the China National Cereals, Oils & Foodstuffs
Corporation (COFCO).

[Source: Xinhua, Sao Paulo, 28Jun15]

This document has been published on 29Jun15 by the Equipo Nizkor and Derechos Human Rights. In accordance with
Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a
prior interest in receiving the included information for research and educational
purposes.